Major management changes at EBay Germany
By Christo Volschenk
Jacob Aqraou (photo), senior vice president of EBay Marketplaces Europe, created a new position at the top of the German team, changed the reporting lines of senior management and announced a number of internal promotions in his Berlin-based team. Continue reading
Unger ousted as CEO of Ringier
By Christo Volschenk
Christian Unger (44) handed his job as CEO of Ringier, Switzerland’s biggest media group, over to a colleague Marc Walder (46) and left the company. A Ringier media release said Unger “will be accepting new responsibilities”. A spokesman in Ringier’s communication department confirmed Unger will be looking for new responsibilities outside Ringier. He also said he can’t be more specific, because “Unger doesn’t know yet what he’ll do”. Continue reading
Styria restructures its digital business
Hipp leaves Vorarlberger (Russ Media)
By Christo Volschenk
Helmar Hipp, CEO of VM Digital and the print business of Quoka in Germany since 2005, will move to photo book publisher Ifolor as CEO in June. VM Digital and Quoka are subsidiaries of Vorarlberger Medienhaus (VM), an Austrian media group owned by the families Russ and Kempf. Continue reading
Prostitution-ad revenue up 9.8 percent from year ago
Online prostitution advertising generated at least $3.1 million in revenue in February on five U.S. websites, an increase of 9.8 percent compared with the same month last year, but a drop of 3.8 percent from a record high in January.
Nearly 80 percent of the revenue was attributed to Backpage.com, which generated at least $2.5 million from the sale of online ads for escorts and body rubs in 23 U.S. cities. February prostitution-ad revenue at Backpage.com increased 36.5 percent compared with February 2011, but was 3.8 percent lower than in January, according to estimates by the AIM Group.
During the last 12 months, prostitution advertising in 23 U.S. cities generated at least $36.6 million, the AIM Group estimates. More than two-thirds of that amount — $26 million — was generated by Backpage.com, a general classifieds site owned by Village Voice Media. Continue reading
